Consider the system composed of four processes linked by a conveyor belt. There is no storage between these processes pictured below. Which statement is best?
A) The overall system output is 220 units/hr.
B) The process that determines the system's capacity is process 4.
C) If process 3 experiences 5 minutes of unplanned downtime, the system's overall output is diminished.
D) Overall system improvement efforts should focus on process 1.
Answer: D
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A company has cost of goods available for sale of $250,000, sales of $287,000, and a gross profit percentage of 30 percent. Using the gross profit method, what is the ending inventory?
a. $113,000 b. $50,000 c. $49,100 d. $163,900
Tangshan Mining borrowed $100,000 for one year under a revolving credit agreement that authorized and guaranteed the firm access to $200,000
The revolving credit agreement had a stated interest rate of 7.5 percent and charged the firm a 1 percent commitment fee on the unused portion of the agreement. Based on this information, the effective annual interest rate on the loan is ________. A) 7.5% B) 8.0% C) 8.5% D) 9.0%
The City of Fargo issued general obligation bonds to finance construction of a new fire station. The bonds were issued at a discount. Which of the following is true?I. The amount expended for the improvement must be decreased. II. The general fund must make up the difference to the face value of the bonds. III. A debt service fund must make up the difference to the face value of the bonds.
A. Either I or II B. I only C. Either I or III D. Either II or III
Identify which of the following statements is true.
A. Andrews Corporation gives 10% of its stock worth $200,000 and Andrews notes worth $10,000 in exchange for 80% of Baxter Corporation's stock. The exchange qualifies as a Type B reorganization. B. In a Type B reorganization, with minor exceptions, only voting stock can be used by the acquiring corporation to acquire the target corporation's stock. C. Both a Type B reorganization or a reverse triangular merger will not allow the target corporation to remain in existence. D. All of the above are false.